Analyzing if Shiba Inu’s [SHIB] burning protocol is having any effect on its price
A significant impressive stash of Shiba, over the years, sent to unspendable wallets had decreased the circulation in supply. Well,...
Burning
HDAO Launches New Burning Mechanism To Burn 50% Of Its Tokens
News HDAO (HKD.com DAO) has announced that it is rolling out a new burning mechanism.The main objective of the burn...
SHIB burning and its price- Is it a tale of ‘two roads diverged in a yellow wood’
The scarcity principle dictates that consumers place a higher value on products that are perceived to be scarce. In economics,...
Tether stabilizes after burning 3 billion tokens amid redemptions
The world’s largest stablecoin destroyed a total of 3 billion USDT tokens in an account known as Tether Treasury through...
BAYC’s Otherside NFT Drop Triggers ETH Burning Frenzy
Ethereum’s burning rate has increased to unprecedented levels, fueled by the highly-anticipated virtual land sale related to Yuga Labs’, the...
ETH’s burning protocol sets new single-day historical record, thanks to…
Ethereum, the world’s largest altcoin, followed a bearish path below the $2,850-pivot level. In fact, ETH even traded below the...
Ethereum burning spikes to new high on Yuga Labs’ NFT hype
The burning rate of Ethereum (ETH) has spiked to new all-time high (ATH) levels following the heavily anticipated sale of...
Welly to Join Shiba Inu Burning Bandwagon
Alex Dovbnya An Italian fast-food restaurant will start burning SHIB tokens Welly, a Shiba Inu-themed burger chain, has confirmed that...
Shiba Inu Launches New SHIB Burning Portal to Increase Scarcity
Shiba Inu News Shiba Inu has recently launched a SHIB Burn Portal. The Shiba Inu team revealed on the portal’s...
Shiba Inu Launches SHIB Burning Portal: What Does it Mean?
The team behind one of the most popular doge-inspired memecoins – Shiba Inu (SHIB) – has launched a burning mechanism...